The Government has increased the expenditures of the reserve fund of the state budget by UAH 50.8 billion, Prime Minister of Ukraine Denys Shmyhal has announced in a video address. “This will allow the needs of the security and defense sector to be promptly met under martial law,” noted the Head of Government. Besides, Denys…
The Cabinet of Ministers of Ukraine approved amendments to the procedure for crediting part of the excise tax on fuel produced in Ukraine and imported into the customs territory of Ukraine to the general fund of the relevant local government budgets. The resolution establishes shares for the automatic distribution among local budgets of part (13.44%)…
The Lithuanian military will buy additional Javelin anti-tank missiles, launchers and other equipment for $40 million (about 36.3 million euros), the Ministry of Defence said on March 10. On March 9, Lithuania’s Defence Materiel Agency signed a contract amendment with the US administration. Discussions are also being held with the American administration on the earliest…
Total production of industrial enterprises in Estonia increased by 1.4% YoY in January, state agency Statistics Estonia reported. Inflation has curbed higher levels of growth, however, and the rate has slowed. Production increased by 1.8% in manufacturing and by 3.9% in mining, the agency said, while energy production grew by just 0.2%. Helle Bunder, analyst…
Small- and medium-sized entrepreneurs will be able to easier access loans provided by commercial banks partners of the Organization for Small- and Medium-sized Enterprises Sector Development (ODIMM), the government’s communication and protocol department has reported. The Cabinet has approved amendments to the Law No. 179/2016 on small- and medium-sized enterprises, which will allow simplifying the…
A US-Georgia free trade agreement (FTA) would have a net positive effect for both countries, Georgian Foreign Minister David Zalkaliani told Brock Bierman, an opinion contributor for the American newspaper The Hill. Bierman has recently published an article entitled “Give Georgia a free trade agreement”, in which he has called for considering building “resilience in…
Lithuania’s LNG terminal can provide the country with alternatives for Russian gas supply, but its dependence on electricity imports from Russia is “a major problem”, says Lithuanian EU Commissioner Virginijus Sinkevicius. The country should speed up its plans to disconnect from the Russia-dominated network and synchronize its grid with those of Western Europe, he said…